Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...

The Weatherhead School of Management, part of Case Western Reserve University, provides a succinct definition of break-even analysis on its Web site of the same name: “On the surface, break-even ...

Learn how gratuity is calculated in India using last-drawn basic salary and years of service, eligibility criteria and examples showing gratuity amounts for different salaries after 7 years and 5 ...